Company

MIC - One world, one solution, one mission

MIC is the worldwide leading provider of global customs and trade compliance software solutions. More than 800 customers, in 55+ countries, on six continents, use MIC customs and trade compliance software. We specialize in the integration of global customs and trade compliance systems based on specific corporate structures and consider regional and national legal requirements. We ensure efficient customs operations and compliance within the legal frameworks. 1 GTM Source System with 1 GTM Compliance Database, 1 Graphical User Interface, and 1 consistent Service Organisation – worldwide.

We provide our customers with a high-quality, user-friendly suite of web-based software products which are subject to continuous enhancements and developments. We have established MIC as a global standard for quality in our area of expertise. We continuously invest in technology to sustain our functional and geographic growth. For us, it is fundamental that all our activities are fair, faithful, sustainable and in compliance with all applicable laws and regulations.

MIC is the only privately owned and financially independent global software vendor in the international customs and trade compliance arena with one single IT platform. This allows us to be flexible and quick, powering us to a considerable competitive advantage in these continuously changing, fast-paced and dynamic times.

Benefits

01

Most complete product suite

MIC offers the most complete product suite for customs & trade compliance software solutions globally developed by subject matter experts including standard ERP integration (SAP certified) for process automation.

04

One-stop-shop

One system, one customs & trade compliance database, one user interface, one maintenance, implementation and support service – worldwide.

07

Deployment as

Software as a Service (SaaS) / Cloud Solution.

02

High quality

We provide a high-quality, webbased, user-friendly suite of software products, which undergo continuous enhancements and developments.

05

Extensive network

MIC has the most extensive network of authorities and professional organizations to provide state-of-the-art and compliant solutions.

08

Software maintenance

MIC offers a maintenance contract that guarantees besides updates in accordance with the latest level of technological development also maintenance of legal changes in each of the deployed countries.

03

Long-term experience

Over 34 years of exclusive experience in building GTM solutions and automating customs & trade compliance processes for global players.

06

International standards

MIC applies a set of best practices and industry standards (e.g. PMP, CMMI, ITIL) to deliver expected results.

09

Global Trade Content Service

MIC offers Global Trade Content Services that ensure for 150+ countries automatic regular updates of customs and trade content within the MIC modules.

With MIC, you have a partner that supports in dealing with the challenges of international customs and trade compliance management as well as the related daily operational handling. We provide you with a trendsetting global customs and trade compliance software solution available on 6 continents tailor-made for your needs. For increased legal compliance, time and cost savings due to the standardization and automation of your customs and trade compliance processes.

Resources

Events 23 - 25 April 2024 | Dublin, Ireland
Events 25 - 26 April 2024 | Munich, Germany
Events 5 - 7 May 2024 | Long Beach, CA, USA

US customs to bring in new ruling to tackle counterfeiting

Tax | | MIC Customs Solutions |

Section 321 is to be amended to prevent counterfeiters taking advantage of a legal loophole.


The US Customs and Border Patrol (CBP) is to bring in a new ruling aimed at tackling the flood of counterfeit goods entering the country from abroad.

Under a law known as Section 321, goods valued at $800 (€679) or less and imported by one person on one day have been able to enter the US duty-free and without formal entry procedures at customs since 2016.

It was supposed to make it easier for importers to save time and money through not having their packages held up by the rigorous inspections necessary for more high-value shipments.

However, the reduced scrutiny proved to be an invitation to exploit the law for those looking to transport and distribute counterfeit products, with a recent US Department of Homeland Security (DHS) report stating the rapid growth of e-commerce has since resulted in a "flood" of pirated goods.

"Counterfeiting is no longer confined to street-corners and flea markets. The problem has intensified to staggering levels," it warned.

Indeed, recent data from the Organization for Economic Cooperation and Development found a 154 per cent increase in goods traded internationally between 2005 and 2016, taking the total value from $200 billion to an enormous $509 billion.

As such, the DHS said it would take immediate action to increase the scrutiny of the Section 321 environment and recommended that the US government do the same.

Now, the Wall Street Journal reports US customs officials will issue a new ruling this week to amend Section 321 and give border agents more information about the origin of the imports they receive.

As a result, shippers are expected to be required to include new information alongside their goods heading to the US going forward.

Although the precise details have not yet been confirmed, the CBP carried out a pilot project last year to test the acceptance of advance data from e-commerce supply partners.

This included information such as planned port of entry, shipper name and address, country of origin and fair retail value, so it is likely the updated ruling will feature much of the same.

 


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